Mercury Just Received a $5.2 Billion Valuation. Its Founder Doesn’t Plan to Do Another Raise

The fintech startup is expanding into the world of AI, adding new features and product tools to its platform.

BY MOSES JEANFRANCOIS, NEWS WRITER @MOSESJEANS

Mercury Cofounder and CEO Immad Akhund speaks onstage at Mercury Spheres in San Francisco, CA. Photo: Getty Images

Mercury Technologies Inc., a financial tech company, has secured $200 million in funding, resulting in a $5.2 billion valuation.

The firm, which specializes in banking services to startups, completed its Series D funding round, which was led by investment firm TCV, and resulted in........

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